v3.25.3
EMPLOYEE STOCK PLANS (Tables)
 9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Compensation Expense for Stock-Based Awards
Compensation expense for stock-based awards recognized during the three and nine months ended September 30, 2025 and 2024 was as follows (in thousands):
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
Restricted stock units and awards$5,134 $1,291 $15,282 $4,194 
Performance share units2,200 1,124 4,291 3,237 
Total stock-based compensation expense$7,334 $2,415 $19,573 $7,431 
Summary of Restricted Stock Units and Awards Activity and Performance Share Units Activity
The following table presents our restricted stock units and awards activity during the nine months ended September 30, 2025 (in thousands, except per share unit data):
Restricted Stock Units and Awards
Number of
Shares
Weighted Average
Grant-Date
Fair Value (1)
Outstanding at beginning of year899 $67.01 
Granted133 $80.16 
Exercised or released(101)$52.73 
Expired or canceled(8)$80.59 
Outstanding at September 30, 2025923 $70.35 
(1)Represents weighted average market value of the shares; awards are granted at no cost to the recipients.
The following table presents our PSUs activity during the nine months ended September 30, 2025 (in thousands, except per share unit data):
Performance
Share Units
Weighted
Average
Grant-Date
Fair Value
Per Unit (1)
Outstanding at beginning of year285 $48.18 
Granted81 $84.67 
Vested(124)$38.12 
Adjustments for performance results25 $49.49 
Outstanding at September 30, 2025267 $63.99 
(1)Represents weighted average market value of the PSUs; PSUs are granted at no cost to the recipients.